Philippine companies are increasingly looking at flexible workspace to cut cost and provide better facilities for staff finding it hard to work from home amid Southeast Asia’s worst coronavirus outbreak.
Welcome to Wednesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
ABN Amro Bank NV will stop providing corporate finance outside Europe and exit trade and commodity financing altogether as the Dutch bank tries to turn around an investment banking division hit hard by market chaos caused by the coronavirus crisis.
The U.K. economy suffered worse than any other major European nation during the coronavirus lockdowns, posting a 20.4% contraction in the second quarter that will raise more questions over the government’s handling of the pandemic.
Key Apple Inc. partner Hon Hai Precision Industry Co. reported profit that beat estimates after the Covid-19 lockdown boosted demand for iPads and MacBooks assembled by the flagship unit of Foxconn Technology Group.
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